The company has revealed that a final investment decision (FID) for the project is expected later in 2022, with large-scale green hydrogen production by 2025.

ATOME also said it had selected US-based infrastructure consultancy firm, AECOM as the Owner’s Engineer, with hopes it can draw on previous hydrogen project experience to deliver the completion of the Villeta Project.

Read more: Shell, AECOM to grow hydrogen business in the Netherlands

As global energy and food supplies fall into crisis, the Villeta site hopes to provide clean and consistent energy, as well as a key component in fertilisers to the region.

Earlier this year ATOME announced it had signed a 60MW Power Purchase Agreement to progress the pathway to create green hydrogen and ammonia, utilising available power from the ITAIPU hydroelectric dam.

Oliver Mussat, CEO of ATOME, said in May 2022, “In itself, this facility would be of world scale in its own right. Villeta with the readily available renewable power is a perfect site to fast track ATOME’s first project as it is very convenient for all types of potential off-taker.

“At 60MW Villeta is also right-sized, enabling us to build our facilities rapidly, with minimal infrastructure build out and opens the opportunity to supply both the domestic and export markets.”

Located 35km from Paraguay’s capital, Asuncion, in an industrial centre which is home to major fertiliser and cement companies, as well as the main port for exports from the country.

Did you know H2 View is the only media publication to be recognised as an official partner of the Hydrogen Council?

This means we get exclusive columns, interviews and studies that you won’t find anywhere else. Along with our featured webinars and events, H2 View is the go to global platform for the hydrogen industry.

Become a subscriber today to make sure you don’t miss out. Already a subscriber? Log in here.